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Trump-Xi meet sets base for stronger ties: Ford CEO

  Bloomberg The meeting between US President Donald Trump and Chinese President Xi Jinping this week is encouraging and sets the stage for the world’s two largest economies to strengthen ties, said Ford Chief Executive Officer Mark Fields. “When you have two leaders meet face to face, they become people to each other,” Fields said in an interview with Bloomberg ...

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Altice targets IPO of 20% of USA cable unit

  Bloomberg Altice NV and its partners are exploring a sale of about 20 percent of their US cable-TV business in an initial public offering this quarter, as billionaire Patrick Drahi takes advantage of historically strong equity markets to raise cash for expansion, according to people familiar with the matter. Drahi’s Altice may use the proceeds from the listing of ...

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Deutsche Bank to focus on growth after raising $8.5bn

  Bloomberg Deutsche Bank AG Chief Executive Officer John Cryan said he plans to focus on restoring revenue growth after the lender raised 8 billion euros ($8.5 billion) from shareholders to bolster capital. In a letter to employees, Cryan said he will aim for “prudent growth,” even as cost reductions continue. While many investors and analysts in Europe were still ...

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